Technical analysis by forexcapitals123 about Symbol PAXG: Sell recommendation (7/9/2024)

- **Instrument:** Gold (presumably referring to the spot price or a futures contract) - **Sell Price:** 2364 - **Take Profit Levels:** - TP1 (Take Profit 1): 2345 - TP2 (Take Profit 2): 2355 - **Stop Loss:** 2375 These parameters suggest a bearish outlook on gold, with an entry at 2364 and targets set lower at 2345 and 2355. The stop loss at 2375 indicates the maximum acceptable loss level should the trade move against the anticipated direction. This setup reflects a structured approach to trading, incorporating both profit-taking levels and risk management through a stop loss, adhering to established trading principles aimed at managing risk and potential returns effectively.